AMC’s apes went bananas for the movie chain’s stock Monday, despite a rough start to Christmas week for Wall Street—here’s why.

MarketWatch2021-12-21

Retail investors live their favorite superhero…and they are also fond of Spider-Man. (Chuck Zlotnick/Columbia Pictures-Sony via AP) “Look out! Here comes the Spider-Man.” Indeed, fans of Marvel’s ...

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Here comes the Spider-Man.”\nIndeed, fans of Marvel’s ...</p>\n\n<a href=\"https://www.marketwatch.com/story/amcs-apes-went-bananas-for-the-movie-chains-stock-monday-despite-a-rough-start-to-christmas-week-for-wall-streetheres-why-11640038768?mod=hp_LATEST\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":"https://www.marketwatch.com/story/amcs-apes-went-bananas-for-the-movie-chains-stock-monday-despite-a-rough-start-to-christmas-week-for-wall-streetheres-why-11640038768?mod=hp_LATEST","article_id":"1184716861","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184716861","pubTimestamp":1640052338,"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"Retail investors live their favorite superhero…and they are also fond of Spider-Man. \n(Chuck Zlotnic","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线"},"translate_title":"AMC的猿类周一对这家电影连锁店的股票表现抢眼，尽管华尔街的圣诞周开局不利--原因如下。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9},"content_text":"Retail investors live their favorite superhero…and they are also fond of Spider-Man. \n(Chuck Zlotnick/Columbia Pictures-Sony via AP)\n\n“Look out! Here comes the Spider-Man.”\nIndeed, fans of Marvel’s webslinging superhero might be forgiven for humming the theme song from the 1967 animated series because it certainly seems that Spider-Man is doing whatever a spider can…at least when it comes to hefting AMC Entertainment’s shares.\nThe movie theater chain managed to sidestep a brutal day for the broader stock market and pop 2% on Monday after “Spider-Man: No Way Home” broke multiple box office records and CEO Adam Aron took to Twitter to herald those numbers and thumb his nose at those betting that the cinema chain’s stock will fail to leverage a surge of its shares that began in earnest at the start of 2021.\nPeter Parker and his multiverse of pals [No spoilers] netted $260 million over the weekend, giving it the second-biggest domestic opening of all time and mollifying some investor fears that the widening path of the omicron variant would hurt the film’s box office numbers and that of the broader movie business.\nFor his part, Aron wasn’t shy about celebrating, using his fingers to brag before the opening bell on Monday that AMC welcomed 7 million customers to see Spider-Man over the weekend:\nAron also showed he has no problem throwing shade at his perceived haters on Twitter, touting the webslinger’s big debut with a diss track:\nBut when those numbers were further boosted as the estimated figures solidified, Aron crowed even lounder:\n“Whoa Nellie” indeed was the vibe amongst retail traders on social media, who combined theories around the strong box office, an improving short squeeze opportunity, as a bull case for AMC over the shortened holiday trading week. The stock market is closed on Friday in observance of Christmas.\nMeanwhile, Aron’s public bravado —the CEO also hopped on CNBC Monday morning to offer Jim Cramer a chance to eat crow—also were credited with lifting AMC’s stock in an otherwise woeful session.\nFinancial data platform Ortex issued a short-squeeze alert on AMC early Monday, indicating that short activity around the stock was at its highest in a month, just as the stocks price has gone up more than 40% in the last five trading days.\nAMC Apes, the staunchest supporters of the meme stock that has mostly risen on the back of social-media fervor over fundamentals, also continued to share a theory that millions of AMC shares are being bet against, or shorted, in dark pools. Those bullish investors maintained that holding AMC’s price above $26 a share would force those naked shorters into public exchanges, as the thinking goes.\nThat theory reverberated to create wider reads of Monday’s 433-point drop on the Dow Jones Industrial Average.\n“I’ve been here before they dropped entire stock market everything just to stop AMC from running that’s why everything is down,” read on comment on subreddit r/AMCStock.\nIn the end though, much of the increased chatter around AMC on Monday—retail analytics company HypeEquity indicated pointed to a more than 500% increase in mentions of the company’s stock on Reddit, which centered around its very vocal CEO Aron.\n“God damn what a slam dunk. Clears up every inch of AA fud,” declared one AMC bull on r/AMCStock, using a popular acronym, fear uncertainty doubt, in referring to recent criticism of Aron for cashing in on many of his insider AMC shares. “If you still have doubts then I question your integrity as a person.”\nGameStop managed to eke out a 1% rise on Monday, and Robinhood tumbled another 5.6%, indicating that it needs an Avenger or a CEO with saltier tweets to get it back in the meme stock game.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":693409092,"gmtCreate":1640055445526,"gmtModify":1640057324674,"author":{"id":"3579425512905776","authorId":"3579425512905776","name":"Sfun","avatar":"https://static.tigerbbs.com/677878018d08b9f3288b2153431bff4a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"gme","listText":"gme","text":"gme","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693409092","repostId":1184716861,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":693546892,"gmtCreate":1640053584910,"gmtModify":1640053873852,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693546892","repostId":1184716861,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7062482,"gmtCreate":1640053595920,"gmtModify":1640053595946,"authorId":3569548778635529,"author":{"id":3569548778635529,"authorId":3569548778635529,"name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":693546892,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":41,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1184716861"}